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321 W Fayette St Syracuse, NY 13202

For Sale
$650,000

Income-producing mixed-use property with bar and SRO units.

Lot size:
0.05 Acres

Property Features for 321 W Fayette St

General Information

Lot size
0.05 Acres

Building Details

Year built
1820

Source: Rooftop Realty Group LLC Agent Jacob Kippen

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Mixed-Use Property in Downtown Syracuse

Located in Downtown Syracuse, this mixed-use property at 321 W Fayette Street features a long-established bar on the ground floor. The bar benefits from steady foot traffic and a loyal customer base. The second and third floors house 20 single-room occupancy (SRO) boarding rooms. These rooms share common bathrooms and are suitable for workforce or transitional housing. The property provides consistent rental income and cash flow.
Insight Report Location Intelligence

Current Use by Public Records

The Penny Pub Bar

Suggested Use

Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Law Firm Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Signature Music Camp, Shaughnessy's Irish Pub, Cavalier Room, Ale 'n' Angus Pub, Salt City Coffee and Bar

Location Insight

  • Map
  • Local Demand
City
Syracuse
County
Onondaga
State
New York
Longitude
-76.1562484
Latitude
43.0486079

FAQs

What type of property is this?
Bar - Income-producing mixed-use property with bar and SRO units.
Where is this bar located?
The property is located at 321 W Fayette St Syracuse, NY.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: - Income-producing mixed-use property.; - Located in the heart of Downtown Syracuse, near Armory Square.; - Ground floor houses a long-established Syracuse bar with steady foot traffic.
More about this property
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